Swiss Arbitration 2.0: Recent Revisions and Innovations
The first half of 2021 has already seen several legislative, regulatory and practice changes in the field of international arbitration in Switzerland. These have involved the entry into force of the new provisions on international arbitration in the Private International Law Act (PILA), the revision of the Swiss Rules of international arbitration, the conversion of the Swiss Chambers' Arbitration Institution (SCAI) into the Swiss Arbitration Centre Ltd. and the launch of the Swiss Arbitration platform. The changes adopted, while maintaining the arbitration-friendly environment that has contributed to the success of Swiss arbitration up to now, have brought further efficiency and user-friendliness to the international arbitration process. The intention is to add further depth to Switzerland's attractiveness as a place for international arbitration. This briefing sets out the key new features.
Briefing July 2021